Mountrail County Aquatic Foundation Inc
- Assets
- $1.1m
- Revenue
- $144.1k
- Investments
- $26.7k
- Employees
- 0
- Location
- Stanley, ND
- Founding
- 09/2002
- Data as of
- 12/2022
- EIN
- 80-0005591
Organization Overview
Mountrail County Aquatic Foundation Inc is located in Stanley, ND. The organization was established in 2002. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mountrail County Aquatic Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Mountrail County Aquatic Foundation Inc generated $144.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 32.5% each year . All expenses for the organization totaled $209.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FACILITY IS USED FOR THERAPY AND REHABILITATION FOR LONG TERM CARE AND HOSPITAL FACILITIES.
THE FACILITY CHARGES ADMISSIONS TO GENERAL PUBLIC FOR SWIMMING, AQUATIC EXERCISE, AND RECREATIONAL ACTIVITIES AND A FITNESS CENTER FOR ADULTS AND YOUTH.
THE FACILITY IS USED FOR EDUCATION PURPOSES SUCH AS SWIMMING LESSONS FOR ADULTS AND YOUTH AND LIFEGUARD TRAINING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wade Enget President | 0 | $0 | |
Heath Hetzel Vice President | 0 | $0 | |
Angela Schepp Sec. Treas | 0 | $0 | |
Janice Rude Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $21,349 |
| Interest on Savings | $9 |
| Dividends & Interest | $2,477 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $55,005 |
| Capital Gain Net Income | $55,005 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $65,306 |
| Total Revenue | $144,146 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $55,045 |
| Pension plans, employee benefits | $1,524 |
| Interest | $0 |
| Taxes | $13,745 |
| Depreciation | $55,174 |
| Occupancy | $61,278 |
| Travel, conferences, and meetings | $160 |
| Printing and publications | $0 |
| Other expenses | $21,852 |
| Total operating and administrative expenses | $209,839 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $209,839 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $103,659 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $964,967 |
| Other assets | $0 |
| Total assets | $1,095,354 |
| Accounts payable and accrued expenses | $1,571 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,571 |